SEC 13F Intelligence

Managers / Q3 2020 · view latest →

FORMULA GROWTH LTD

CIK 0001093219 · 1010 SHERBROOKE ST W SUITE 2300, MONTREAL, A8, H3A 2R7 · 514-288-5136

Reported Value
$535M
Q3 2020
Positions
148
Filings on Record
30
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Formula Growth Ltd reported $535M in U.S.-listed holdings across 148 positions for Q3 2020.

Its largest position, NUANEUR, represents 5.9% of the portfolio.

Compared with Q2 2020, the fund opened 34 new positions and exited 28.

Portfolio Metrics

Turnover
+24.2%
vs prior filed quarter
Top-10 Concentration
+32.3%
share of reported value
Largest Position
+5.9%
Nuance Communications
New / Exited
34 / 28
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $608MQ4 ’18Q1 ’19: $708MQ2 ’19: $700MQ3 ’19: $667MQ4 ’19: $793MQ4 ’19Q1 ’20: $522MQ2 ’20: $591MQ3 ’20: $535MQ4 ’20: $599MQ4 ’20Q1 ’21: $695MQ2 ’21: $725MQ3 ’21: $699MQ4 ’21: $563MQ4 ’21Q1 ’22: $530MQ2 ’22: $361MQ3 ’22: $350MQ4 ’22: $353MQ4 ’22Q1 ’23: $310MQ2 ’23: $314MQ3 ’23: $293MQ4 ’23: $312MQ4 ’23Q1 ’24: $313MQ2 ’24: $275MQ3 ’24: $291MQ4 ’24: $295MQ4 ’24Q1 ’25: $247MQ2 ’25: $265MQ3 ’25: $281MQ4 ’25: $260MQ4 ’25Q1 ’26: $222Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.1%ADR: 10.0%Other: 6.0%Ltd Part: 1.0%
  • Common Stock · 83.1% · $444M
  • ADR · 10.0% · $53M
  • Other · 6.0% · $32M
  • Ltd Part · 1.0% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADTADT INC DELNEW+866.7K866.7K+$7M$7M
KLICKULICKE & SOFFA INDS INCNEW+295.2K295.2K+$7M$7M
DXCDXC TECHNOLOGY CONEW+283.1K283.1K+$5M$5M
STRASTRATEGIC ED INCNEW+50.7K50.7K+$5M$5M
JXC1J2 GLOBAL INCNEW+66.8K66.8K+$5M$5M
RXTRACKSPACE TECHNOLOGY INCNEW+229.3K229.3K+$4M$4M
BBSIBARRETT BUSINESS SVCS INCNEW+82.5K82.5K+$4M$4M
SP PLUS CORPNEW+185.2K185.2K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NUANEURNUANCE COMMUNICATIONS INChistory →COM5.89%$31M948.5K
2THSTREEHOUSE FOODS INChistory →COM4.56%$24M601.4K
3BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.79%$20M68.8K
4CSODCORNERSTONE ONDEMAND INChistory →COM3.37%$18M496.0K
5VG1EURVONAGE HLDGS CORPhistory →COM3.35%$18M1.75M
6DBXDROPBOX INChistory →CL A2.75%$15M762.9K
7NOKNOKIA CORPhistory →SPONSORED ADR2.57%$14M3.51M
8CNDTCONDUENT INChistory →COM2.13%$11M3.58M
9UAUNDER ARMOUR INChistory →CL C1.97%$11M1.07M
10TWLOTWILIO INChistory →CL A1.96%$11M42.5K
11MR COOPER GROUP INCCOM1.89%$10M453.5K
12CLDRCLOUDERA INChistory →COM1.88%$10M925.0K
13ACIALBERTSONS COS INChistory →COMMON STOCK1.77%$9M683.6K
14VIRTVIRTU FINL INChistory →CL A1.71%$9M397.0K
15ZUOUSDZUORA INChistory →COM CL A1.59%$9M822.3K
16REALOGY HLDGS CORPCOM1.53%$8M867.9K
17EPCEDGEWELL PERS CARE COhistory →COM1.40%$7M268.6K
18NSPINSPERITY INChistory →COM1.37%$7M111.5K
19ADTADT INC DELhistory →COM1.32%$7M866.7K
20NEWREURNEW RELIC INChistory →COM1.28%$7M121.6K
21KLICKULICKE & SOFFA INDS INChistory →COM1.24%$7M295.2K
22LAURLAUREATE EDUCATION INChistory →CL A1.22%$7M490.9K
23AMGAFFILIATED MANAGERS GROUP INhistory →COM1.03%$5M80.3K
24SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.02%$5M90.2K
25BHCBAUSCH HEALTH COS INCCOM1.00%$5M342.6K
26FTAIEURFORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.97%$5M302.2K
27DXCDXC TECHNOLOGY COCOM0.95%$5M283.1K
28INFNEURINFINERA CORPCOM0.92%$5M800.0K
29RNGRINGCENTRAL INCCL A0.88%$5M17.1K
30CSGPCOSTAR GROUP INCCOM0.87%$5M5.5K
31XPOXPO LOGISTICS INCCOM0.87%$5M55.0K
32STRASTRATEGIC ED INCCOM0.87%$5M50.7K
33CASA1EURCASA SYS INCCOM0.87%$5M1.15M
34JXC1J2 GLOBAL INCCOM0.87%$5M66.8K
35JDJD.COM INCSPON ADR CL A0.86%$5M59.1K
36EAELECTRONIC ARTS INCCOM0.83%$4M34.0K
37RXTRACKSPACE TECHNOLOGY INCCOM0.83%$4M229.3K
38BBSIBARRETT BUSINESS SVCS INCCOM0.81%$4M82.5K
39GDSGDS HLDGS LTDSPONSORED ADS0.75%$4M48.7K
40HCAHCA HEALTHCARE INCCOM0.70%$4M30.0K
41BNFTEURBENEFITFOCUS INCCOM0.68%$4M325.0K
42SESEA LTDSPONSORED ADS0.66%$4M22.9K
43PODDINSULET CORPCOM0.65%$3M14.6K
44LIBERTY GLOBAL PLCSHS CL C0.62%$3M162.7K
45SP PLUS CORPCOM0.62%$3M185.2K
46NEONEOGENOMICS INCCOM NEW0.62%$3M90.0K
47SAHSONIC AUTOMOTIVE INCCL A0.60%$3M80.0K
48WIX COM LTDSHS0.60%$3M12.5K
49MIC2USDMACQUARIE INFRASTRUCTURE CORCOM0.59%$3M117.3K
50KORNIT DIGITAL LTDSHS0.58%$3M48.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$222M137May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$260M125Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$281M122Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$265M119Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$247M118May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$295M115Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$291M109Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$275M109Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$313M112May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$312M128Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$293M136Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$314M135Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$310M129May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$353M129Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$350M127Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$361M130Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$530M140May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$563M138Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$699M146Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$725M147Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$695M164May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$599M138Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$535M148Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$591M142Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$522M152May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$793M139Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$667M147Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$700M150Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$708M145May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$608M139Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.